JPMorgan analyst Patrick Jones upgraded Lundin Mining to Neutral from Underweight with a price target of C$8.90, up from C$8.20. The analyst updated forecasts in metals and mining to reflect the firm’s revised commodity price and currency forecasts. The firm also rolled price targets across its coverage to December 2025 from December 2024. JPMorgan made rating changes as part of its 2024 outlook.
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Read More on LUNMF:
- Lundin Mining price target lowered by SEK 5 at Morgan Stanley
- Lundin Mining price target raised by C$0.10 at Morgan Stanley
- Lundin Mining price target lowered to C$9 from C$9.50 at Raymond James
- Lundin Mining price target lowered to C$12 from C$13 at Stifel
- Lundin Mining price target raised to SEK 54 from SEK 53 at JPMorgan
